Bernalillo County Property Taxes

Bernalillo County, New Mexico

Effective Tax Rate

0.00%

143.9% above state avg

Median Annual Tax

$0

$212/mo escrow

#32 of 33 counties in New Mexico

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.95%

vs. New Mexico Avg143.9% above
vs. National Avg5.4% below

At a Glance

Median Home Value

$268,500

State avg $181,648

Tax w/ Mortgage/yr

$2,607

$217/mo escrow

Tax w/o Mortgage/yr

$2,427

$202/mo

State Tax Rate Rank

#32

of 33 counties (1 = lowest)

Data Story

About Property Taxes in Bernalillo County, New Mexico

Bernalillo taxes run nearly twice the national norm

Bernalillo County's effective tax rate of 0.948% significantly exceeds the national median of 0.595%, placing it well above average nationally. The median property tax here is $2,544, nearly matching the national median of $2,690 despite having slightly lower median home values of $268,500 versus the nation's $281,900.

Highest taxes in New Mexico by far

Bernalillo County leads all New Mexico counties with an effective rate of 0.948%—59% above the state average of 0.595%. Its median property tax of $2,544 dwarfs the state average of $1,043, making it the clear tax leader across the state.

Bernalillo stands apart from nearby counties

Compared to neighboring Sandoval and Torrance counties, Bernalillo's 0.948% rate is substantially higher, reflecting Albuquerque's urban tax base and infrastructure demands. The county's median home value of $268,500 also tops most surrounding areas, contributing to higher absolute tax bills.

A $268,500 home costs $2,544 annually

The typical Bernalillo County homeowner with a median-valued property of $268,500 pays approximately $2,544 in annual property taxes. Owners with mortgages pay slightly more due to escrow arrangements, averaging $2,607 per year.

Challenge your assessment if rates seem high

Many Bernalillo County homeowners are overassessed relative to market value and can successfully appeal their assessments to reduce their tax burden. Filing an appeal costs nothing and could yield significant annual savings if your property's assessed value exceeds its fair market value.

How Bernalillo County Compares

Median Annual Property Tax

Bernalillo County$2,544
New Mexico State Average$1,043
National Average$1,924

Bernalillo County

0.95%

Effective rate

New Mexico Avg

0.57%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Bernalillo County, New Mexico?
The effective property tax rate in Bernalillo County, New Mexico is 0.95%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Bernalillo County?
The median annual property tax payment in Bernalillo County is $2,544. Homeowners with a mortgage pay a median of $2,607, while those without a mortgage pay $2,427.
How does Bernalillo County compare to the New Mexico average?
Bernalillo County's effective tax rate of 0.95% is higher than the New Mexico state average of 0.57%. The median annual property tax in Bernalillo County is $2,544, compared to the state average of $1,043.
What is the median home value in Bernalillo County, New Mexico?
The median home value in Bernalillo County, New Mexico is $268,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Bernalillo County property tax rate higher than the New Mexico average?
Bernalillo County's effective property tax rate of 0.95% is higher than the New Mexico average of 0.57%. This difference of 0.37% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Bernalillo County rank for property taxes in New Mexico?
Bernalillo County ranks #32 out of 33 counties in New Mexico by effective property tax rate (1 = lowest). With a rate of 0.95% and median annual tax of $2,544, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in New Mexico

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.